2715 Five Mile Road Allegany, NY $ 1,500,000
2715 Five Mile Road
$ 1,500,000
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2715 Five Mile Road

Allegany, NY, 14706
$ 1,500,000
Bedrooms-- Baths-- Sq 20,876

Monthly Estimate*

$ 9,471

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Commercial Property for sale in Allegany, NY

for $1,500,000. This 20,876 square foot building was built in 1900 on a lot size of 6.13.

Rarely does a property of this caliber become available! Situated on approximately 6 picturesque acres, this extraordinary multi-use estate offers the perfect combination of luxury living, business opportunities, and income potential. Whether you're an entrepreneur, investor, or looking for a private family compound, the possibilities are endless. The centerpiece is a stunning, completely updated 4,020 sq. ft. home showcasing beautiful natural woodwork and modern finishes throughout. The heart of the home features an incredible 1,000+ sq. ft. open-concept kitchen, formal dining area, two living rooms, and a four-season sunroom, all warmed by three cozy fireplaces. Step outside to a welcoming covered porch, perfect for relaxing or entertaining. Upstairs you'll find four spacious bedrooms, each with generous 4' x 6' closets. The spectacular 550 sq. ft. primary suite boasts 12' cathedral ceilings, a luxurious two-person 4'x'8' walk-in shower, an oversized walk-in closet complete with its own dressing room and built-in bureau, plus the convenience of a second-floor laundry room. A third-floor loft makes an ideal office, studio, or playroom, while the full basement with radiant heated floors and partially finished space offers endless possibilities. Beyond the home, this remarkable estate includes a separate five-station beauty salon, two detached income-producing rental buildings, a large five-bay automotive repair shop, a magnificent two-story timber-frame barn with exceptional craftsmanship, and an additional storage barn. Whether you choose to operate your own businesses, generate multiple rental incomes, expand your investment portfolio, or simply enjoy the privacy and versatility of this incredible property, opportunities like this are exceptionally rare. Luxury, craftsmanship, income potential, and endless possibilities—all in one unforgettable property. See also Mls #R1697031, #R1697048, R1697184

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 10,535

Style

Business

Lot Size

6.13

Year Built

1900

Town/City

Allegany

County/Region

Cattaraugus

MLS | Web ID

R1697048

Features
General
Sewer SepticTank
Heating Gas Baseboard MultipleHeatingUnits Radiant
Possession CloseOfEscrow
Roof Asphalt Metal
Zoning res w/comm
Construction Materials Other
School District Allegany-Limestone
Year Built 1900
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Business
County Cattaraugus
Property Type CommercialSale
Possible Use Automotive Residential Service SpecialUse
Total Rooms 4
Status Active
City Allegany
High School District Allegany-Limestone
Zoning Description Residential Multi Use
Number Of Units Total 0
MLS Area Allegany-042089
Lot Size Units Acres
Lot Size Square Feet 385506.0
Year Built Details Existing
Tax Annual Amount 10535.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://tourwizard.net/cp/500f1790/
Standard Status Active
Middle/Junior School District Allegany-Limestone
Elementary School District Allegany-Limestone
Tax Assessed Value 305000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 28
Property Sub Type Additional Business MixedUse Commercial Other
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Exterior
Parking Features Common Driveway Surfaced
Lot Features Rectangular RectangularLot
Total Parking 30.0
Inclusions Equipment Land and Building
Lot Size Area 6.13
Number of Buildings 8
Building Area Total 20876.0
Lot Dimensions 580X412
Lot Size Acres 6.13
Waterfront Y/N No
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Interior
Total Fireplaces 0
Total Stories 2
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Internal Only
Street Number 1 2715
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* Excluded Features
List By
Exp-Premier Listings Team

Broker

(716) 307-8894

Phone

Affordability Calculator

$10,349
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$878
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3323961 Elementary School
3323524 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$1,500,000 Listed Price

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2715 Five Mile Road, Allegany, NY, 14706 is a Commercial Property for sale at $1,500,000 with 20,876 sqft and a lot size of 6.13. 2715 Five Mile Road was built in 1900. The property's zip code is 14706 which is in Allegany, NY